In order to survive, GM will have to make billions in cuts and they have yet to realize that.

I do not believe that a "VAST MAJORITY" of people dont believe in Detroit. They still lead in the US marketshare. Check your facts didnt they teach you anything in journalism school.

GM will be dead and gone no matter what they have you believe in a structured or what ever buzz word the government comes up with to make you believe that it wouldn't be the end of GM. I can't believe that the democrats and Obama really want to lose the very people who put them in office. Like they don't have new elections coming. I thought Obama was all about jobs and what I have seen is nothing but losing jobs. I suggest they do as much to keep GM out of bankruptcy as they did with AIG. Now I think that congress should be ask to give up as much as the UAW people have. These people are running a bankrupt country. Did you know that government workers get a automatic 3 % raise every year????? If they want to see a tea party just force GM into bankruptcy and I will tell you I believe it will be ugly when the buses of UAW people march on the white house.

Clearly he could cut his salary in half (challenge the rest of the corporate big shots making more than $500K/yr) and still be doing real well.

If he did it right, he'd be there for a long time - quite possibly longer than not taking this action - where he'd be more like to make more over the life of his term.

First and foremost! These men are making top dollar to produce nothing. Im talking about our American Automotive company's not just GM. All of them which all are in a financial crisis! And even some other major company's. Now its called sacrifice!!!! Believe it or not in which General Eisenhower spoke of during World War Two this country is a team and in this tough economic time we as a Nation are doing the opposite. Greedy and selfishness is what I see today. When I say these men are making top dollar im talking $1 Million to $28 Million and possibly more! now C'mon you have hard working Americans sacrificing homes, cars, personal objects and even son's and daughter's lives overseas and they wont give up a few million green backs. Anybody can go out and get what their worth "its a good thing" But when you're already on top what would it hurt? To reduce millions can save a few more jobs! Those jobs can keep the economy going a little bit better than it is now. If they do their jobs right they'll end up back on top. So whats the matter?I quote P.Diddy when all I say it is, is "Bitchassness"